Express Certificate voestalpine Express 11

Bid64.18%
Dec 09, 2022 19:00:00.405 UTC
Ask65.68%
Dec 09, 2022 19:00:00.405 UTC
chg. 1D+0.400 (+0.62%)
Dec 09, 2022 19:00:00.405 UTC
Underlying price (indicative) 25.59 (+0.24%)
Dec 09, 2022 20:59:59.000 UTC
Starting value39.28 Next redemption level39.28 Max. yield p.a. until next observation date>100%

Name
voestalpine Express 11
ISIN / WKN
AT0000A2S760 / RC0368
Underlying
Underlying price (indicative)
EUR 25.59 (+0.24%)
Dec 09, 2022 20:59:59.000
Starting value
EUR 39.28
Barrier
EUR 23.57
Distance to barrier
7.90%
Observation barrier
on the final valuation date
(early) redemption level
39.28 / 39.28 / 39.28 / 39.28 / 39.28
Distance to next termination level
-53.50%
(early) redemption amount
106.00% / 112.00% / 118.00% / 124.00% / 130.00%
Max. yield until next observation date
70.52%
Max. yield p.a. until next observation date
>100%
No. of shares
25.45825
About the term

Initial valuation date
Aug 17, 2021
Issue date
Aug 18, 2021
Valuation dates
Aug 16, 2022 / Aug 16, 2023 / Aug 14, 2024 / Aug 14, 2025 / Aug 14, 2026
Final valuation date
Aug 14, 2026
Maturity date
Aug 19, 2026

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
Express Certificate
Underlying
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Spread homogenised
0.59
Spread (in %)
2.34%
Multiplier
-
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement / Physical delivery
Taxation
Capital Gains Tax / no Foreign Capital Gains Tax
Public offer possible in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Romania, Slovenia
Listing
Vienna, Frankfurt, Stuttgart
Description

The certificate voestalpine Express 11 offers an annual opportunity for early redemption, enabling investors to obtain a yield of 6% per year if the share of voestalpine AG quotes at or above its starting value at one of the valuation dates. If the share quotes below the starting value, the term extends by another year - up to a maximum of five years. In the event of a barrier violation (60 % of the starting value) at the final valuation date, the investor is entirely subject to market risk and physical delivery of voestalpine shares is effected.

TRADING HOURS
Products on Austrian underlyings9:15 am - 5:30 pm

Products on underlyings of CEE, Eastern Europe and Turkey

 

 - Turkey, Czech Republic9:00 am - 4:00 pm
 - Russia, Croatia, Ukraine, Kazakhstan9:15 am - 4:30 pm
 - Poland, Hungary, Romania, CEE and Eastern Europe9:15 am - 4:50 pm
  
Products on other international underlyings and commodities
(incl. Germany and Switzerland)
9:00 am - 8:00 pm
INFORMATION

Monday - Friday
8:00 am to 5:30 pm

T: +431717075454
E: info(at)raiffeisencertificates.com